Brennan & Clark Collection Agency – Reasons to Take Those Calls From Debt Collection Agencies

Taking on debt is a perfectly acceptable way to live your life and in doing so you help to make the economy function. In many cases however, people are not able to properly manage their debt, they are given too much or their situations change and they can no longer afford to repay the debt. When you default on an agreement like this, you will find that after trying to get in touch with you, your bank or lender ends up passing your case on to a debt collection agency like the Brennan & Clark collection agency. Once this happens you will begin to get calls and letters for you to reach out, and this is exactly why you mustn’t ignore that communication.

Worsening the Situation

If you think that somehow your debt issue is going to go away though your ignoring of letters and calls then you are sorely mistaken. Debt collection agencies are companies which are dedicated to getting paid, and your ignorance will not change much. A company which is seeking to get repaid will go through a number of steps in order to do so. The first step will be to speak with you, or at least to try, once they have tried sufficient times, with no answer, they will start to take legal action which could result in a world of problems for you, bigger than you have right now.

Offer of Help

Debt collection agencies are not filled with monsters who are threatening you to repay them, they are actually on hand to help you out. Do they want to get paid? Of course, but they can help you to reach an agreement with them that ensures everyone is happy. These companies want the debt to go away just like you do, so those calls are them reaching to find an agreement. You can speak with the agency about your situation, after all they cannot ask for what you don’t have. Based on an honest assessment they will put a repayment plan in place which you will be able to afford.

Passing on the Saving

Something which many don’t realize about debt collection agencies is that they buy the debt from the original lender at very low prices. The original lender is happy with this because they are rid of a problem and have at least some money paid back. The debt collection agency will then be able to pass on the saving to you, at least in some capacity. This could mean a 30% reduction if you pay off with a lump sum or perhaps a freezing of interest so that you are paying back money which gets wiped straight off the debt. Again we can see here that the debt collection agency is actively looking to help you to get rid of that debt which you can no longer manage.

Take that call, answer that letter, and get yourself debt free and back on top of things.

Photo of author

Libby Austin

Libby Austin, the creative force behind, is a dynamic and versatile writer known for her engaging and informative articles across various genres. With a flair for captivating storytelling, Libby's work resonates with a diverse audience, blending expertise with a relatable voice.
Share on:

Leave a Comment